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I seriously just give up - CHARLENE  PERRY/MD
3/16/2011 2:43:55 PM (2815 views)

[+] Comment on "Law Professor Makes Case for Federal Land Title System" - Source of Title/OH (14 replies)
3/16/2011 10:59:55 AM (3050 views)

[+] Comment on "Another Cleveland Area Title Company Owner Indicted" - Source of Title/OH (6 replies)
3/15/2011 7:32:01 PM (3575 views)

[+] Anyone know this company? - Serena Stout/VA (3 replies)
3/15/2011 3:36:55 PM (3498 views)

[+] Island moved - William Pattison /CA (4 replies)
3/15/2011 12:09:52 PM (3116 views)




[+] Before & after photos show land and development - William Pattison /CA (2 replies)
3/15/2011 11:23:08 AM (4345 views)

[+] getting burned - LEO POVEDA/CA (6 replies)
3/14/2011 4:45:03 PM (3253 views)

[+] Water, it's the word of the day - CHARLENE  PERRY/MD (2 replies)
3/14/2011 11:19:20 AM (2886 views)

[+] Vision Land Services - Diane O'Neill/MI (1 reply)
3/14/2011 10:32:21 AM (3104 views)

Zen Title Update - Anita Backlund/MN
3/13/2011 3:15:03 PM (4118 views)

[+] Inquiry on Military Family Foreclosures - Leigh Attridge/MA (6 replies)
3/12/2011 6:45:32 AM (4318 views)

Red Flag on Reverse Mortgages - Leigh Attridge/MA
3/12/2011 6:43:17 AM (3921 views)

More Loan Mod Options - Leigh Attridge/MA
3/12/2011 6:41:57 AM (3905 views)

[-] Saying Goodbye To Unprofitable Customers - Patrick Scott/IL (5 replies)
3/11/2011 8:12:36 PM (3647 views)
Re: Saying Goodbye To Unprofitable Customers - Robert Franco/OH
3/12/2011 10:54:25 AM (3667 views)
Re: Saying Goodbye To Unprofitable Customers - Scott Perry/PA
3/12/2011 11:38:43 AM (3779 views)

That's easy: no volume, no discount.  Period.  No ifs, ands, buts or maybes.

When I was running mostly surface titles and a potential client approached me with all kind of pie-in-the-sky promises of volume in exchange for a discount, I simply said, "OK, fair enough.  When you start sending the volume, THEN you get the discount."  It was a strategy that I found has a way of filtering out the BS.

I always based our discounts on monthly dollar volume rather than the number of searches we did for a given company because of the many different types of search work we were called on to perform.  I will never understand why anyone in this business agrees to cut their price and then is shocked to discover that the other party had no intention of following through on their promise.  The analogy of Charlie Brown, Lucy and the football comes to mind.

You're right, Pat, it makes perfect sense to cut your losses and fire less-than-profitable clients, although many of mine said goodbye to me because they felt my pricing was too high.  It was at that point that I decided to shoot for the coffers of the energy industry, the well-capitalized companies who can actually afford to pay me what I believe I'm worth.

Just my two cents.

Regards,
Scott Perry

 

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Re: Saying Goodbye To Unprofitable Customers - Kevin Ahern/CT
3/12/2011 2:09:20 PM (3675 views)
Re: Saying Goodbye To Unprofitable Customers - Bruce Murch/VA
3/13/2011 11:44:32 PM (3584 views)
Re: Saying Goodbye To Unprofitable Customers - F P/VA
3/15/2011 10:39:02 AM (3272 views)

[+] Bathing Beauties 1905 - Leigh Attridge/MA (1 reply)
3/11/2011 6:10:30 PM (4557 views)


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